Wheaton River Merger

wenn 2 gute GM-Compagnies fusionieren, entsteht dann

1 Sehr Gute?


Das glaube ich in diesem Fall nicht. Dem Größenvorteil (1 Mio Oz.

Produktion) steht gegenüber, daß die Strukturen mutmaßlich nicht

kompatibel sind. Anders ausgedrückt WRM ist ein Parvenu

und Iamgold lange und solide im Geschäft.

Mir wäre es lieber, der Deal kommt nicht zustande.


Iamgold Aktien halte ich seit längerem.

WRM hatte ich vor einiger Zeit mit 150% plus abgestoßen.


Gogh

Source: IAMGOLD; Wheaton River Minerals Ltd.

IAMGOLD and Wheaton River complete due diligence and sign definitive
============================================
agreement
=======

Monday April 26, 6:01 am ET

TORONTO and VANCOUVER, April 26 /PRNewswire-FirstCall/ - IAMGOLD Corporation ("IAMGOLD") (TSX:IMG, AMEX:IAG) and Wheaton River Minerals Ltd. ("Wheaton River") (TSX:WRM, AMEX:WHT) are pleased to announce that they have satisfactorily completed their due diligence, have received final fairness opinions from their financial advisors and have signed a definitive agreement to combine the two companies.

Having reached a definitive agreement, the companies expect to mail their respective information circulars to shareholders in early May in advance of the shareholder meetings scheduled for both IAMGOLD and Wheaton River on June 8, 2004. The combination must be approved by at least two-thirds of the votes cast by the shareholders of Wheaton and by a majority of the votes cast by the shareholders of IAMGOLD. The boards of the two companies unanimously recommend that their shareholders vote in favour of the proposed transaction.

Joseph Conway, President and CEO of IAMGOLD commented on the signing of the definitive agreement stating: "Having reached a definitive agreement we now look forward to the IAMGOLD and Wheaton River shareholder meetings in early June. Following these meetings we can combine the management talents of IAMGOLD and Wheaton River to move the new company to its next level." Ian Telfer, Chairman and CEO of Wheaton River, stated: "We are pleased that the transaction is proceeding smoothly and look forward to the closing in early June."

On March 30, 2004, IAMGOLD and Wheaton River announced a proposed business combination to be completed by way of a Plan of Arrangement which would create one of the world's ten largest gold producers. Under the terms of the proposed transaction each Wheaton River common share will be exchanged for 0.55 of an IAMGOLD common share. All outstanding warrants of Wheaton River will be exercisable on similar share exchange terms as offered by IAMGOLD for Wheaton River's common shares (for example 100 Wheaton River warrants with a C$1.65 strike price expiring on May 30, 2007 would be exercisable for 55 IAMGOLD common shares and would expire on May 30, 2007at an effective strike price of C$3.00 per IAMGOLD share). The common shares of the new company will continue to trade on the Toronto Stock Exchange and the American Stock Exchange. Prior to closing the newly combined company will be renamed.

Summary of the New Company

Management of the new company will be led by a team consisting of Joseph Conway as President and Chief Executive Officer, Ian Telfer as Executive Co- Chairman and William Pugliese as Co-Chairman of the Board of Directors. The expanded Board of Directors of the Company will include eight IAMGOLD directors and the eight current Wheaton directors.

The new company will have operating interests in seven gold operations located in the Americas, West Africa and Australia. Forecast annualized 2004 production of the combined company will be one million gold equivalent ounces, plus exposure to copper production. Forecast 2004 gold equivalent cash operating costs are estimated to average less than US$100 per ounce. The combined company will have proven and probable reserves of 9.0 million ounces plus additional measured and indicated resources of 4.4 million ounces and inferred resources of 10.5 million ounces. The new company will have strong operating cash flow and excellent financial flexibility with US$300 million in cash and gold bullion.

The combined company has immediate and near-term production growth through the development of the Amapari project in Brazil, the Los Filos project in Mexico and expansion of the Tarkwa mine in Ghana. These projects are expected to add over 300,000 ounces of annual gold production in 2006. In addition, the company will have a large portfolio of exploration projects in the Americas and West Africa.

die scheinen Ernst zu machen

gogh

Iamgold Produces Higher First-Quarter Profit
===========================
2004-05-14 07:47:37 EST

TORONTO (Reuters) - Iamgold Corp. , which is set to merge with a rival gold producer next month, said it produced higher first-quarter results, helped by a rising gold price and royalties from its interest in the Diavik diamond mine.

Toronto-based Iamgold, involved in merger plans with Wheaton River Minerals Ltd. said in a release late on Thursday that it earned $5.9 million, or 4 cents a share for the period ended March 31, up from a profit of $3.5 million, or 3 cents for the same time last year.

The company said a rising gold price, which averaged $411 an ounce during the quarter compared with $359 an ounce the previous year, helped it post higher results.

Operating cash flow for the period was $5.8 million, or 4 cents a share during the period, down from $12.3 million, or 9 cents a share in the previous year.

The company, which has interests in Africa, Canada and South America, said it produced 105,657 ounces of gold at a cost of $312 an ounce during the period, up from 101,102 ounces of gold at a cost of $282 an ounce during the same period last year.

Iamgold and Wheaton River unveiled a $2.2 billion deal on March 30 that will see Wheaton shareholders end up with 68 percent of the enlarged company to be named Axiom Gold Corp.

Shareholders are set to vote on the deal in early June.

Wheaton also reported higher first-quarter earnings on Thursday of $34
===============================
million, or 6 cents a share, up from $4 million, or 2 cents a share for the same period last year.

($1=$1.40 Canadian)

das flutscht, ob man nun begeistert ist oder nicht


gogh

GOLDEN STAR grätscht energisch dazwischen..

Vorige Woche hat mir die Depotbank noch das
nicht erhöhte Angebot von GoldenStar 1,15 ohne Zuzahlung
für 1,00 Iamgold übermittelt.


gogh


Golden Star Raises Offer For IAMGold >GSS
===================================

06-28-04 10:45 PM EST
DENVER (Dow Jones)--Golden Star Resources Ltd. (GSS) raised its offer to buy IAMGold Corp. (IAG), whose board five days earlier called Golden Star's unsolicited bid financially inadequate and urged its shareholders to reject deal.

Denver-based Golden Star now is offering 1.25 Golden Star shares for each IAMGold share, or 1.15 Golden Star shares plus 37 cents in cash per IAMGold share. The offer has a maximum cash amount of about $56 million. The per-share cash portion of the offer is based on a conversion rate of C$1 = $0.743923.

Golden Star previously was offering 1.15 common shares for each IAMGold share.

The revised proposal should put Golden Star's offer price at a value of $5.90, 7% above IAMGold's most recent closing price of $5.52. This calculation was based on Golden Star's last closing price of $4.72.

Additionally, Golden Star said it will pay IAMGold shareholders an added 15 cents in cash per IAMGold share up to a total of $22 million, if there is no break-up fee paid or payable to Wheaton River Minerals Ltd. (WHT).

In March, Wheaton River agreed to merge with IAMGold in a deal that would exchange each Wheaton River share for 0.55 of an IAMGOLD share.

On Wednesday, IAMGold's board recommended its shareholders reject Golden Star's offer and vote in favor of the merger with Wheaton River. At the time, IAMGold said Golden Star's offer was financial inadequate, while the Wheaton River deal was fair.

Company officials at IAMGold couldn't immediately be reached Monday evening for comment on the raised offer.

-Maria P. Vallejo; Dow Jones Newswires; 201-938-5400; AskNewswires@ dowjones.com.

Dow Jones Newswires
06-28-04 2245ET
Copyright (C) 2004 Dow Jones & Company, Inc. All Rights Reserved.

Tünnes sagt zum Schääl:

"Ich habe gerade einen Stallhasen für 30.000€ gekauft."

Schääl schaut ihn ungläubig an.

Tünnes:

"Habe 2 Hühner für je 15.000€ dafür gegeben."


Bisher lief das Vorspiel zum merger so, daß mit shares

bezahlt werden sollte. Jetzt kommt eine Bar-Kkomponente hinzu.


gogh

der ein paar Federn vom Huhn im Depot hat

----------------------------------------------------------------------------

Coeur d'Alene raises Wheaton offer
============================
Move comes as Golden Star sweetens Iamgold bid
========================================

By Carolyn Pritchard, CBS MarketWatch.com
Last Update: 7:17 AM ET June 29, 2004

SAN FRANCISCO (CBS.MW) --





Late Monday, Golden Star Resources (GSS: news, chart, profile) upped its bid for Canada's Iamgold (IAG: news, chart, profile) (CA:IMG: news, chart, profile), prompting Coeur d'Alene Mines (CDE: news, chart, profile) to "significantly" increase the value of its offer for another Canadian miner, Wheaton River Minerals (WHT: news, chart, profile) (CA:WRM: news, chart, profile), in a late bid announced Tuesday.

In addition, Coeur d'Alene again urged Wheaton River's shareholders to vote against a competing takeover bid lodged by Iamgold.

Golden Star offered 1.25 shares per Iamgold share, or 1.15 Golden Star shares plus 50 Canadian cents in cash for each Iamgold share for maximum cash of about $56 million.

On May 27, Littleton, Colo.-based Golden Star offered 1.15 shares for each Iamgold share, a 13-percent premium to Iamgold's closing share price on the Toronto Stock Exchange.

At the time, based on closing stock prices, the bid was valued at around $883 million, or C$1.21 billion.

The raised offer represents a 23-percent premium to Iamgold's May 27 closing share price, Golden Star said in a statement.

That would value the bid at $981.2 million, or C$1.32 billion.

Golden Star also said it would also pay 20 Canadian cents for each Iamgold share as long as there is no break-up fee for the termination of Iamgold's proposed merger agreement with Wheaton River.

The additional 20 Canadian cents a share works out to $22 million.

"We have been very encouraged by the level of support that Iamgold shareholders have indicated for our bid," said Golden Star CEO Peter Bradford in a company statement.

"We have listened to Iamgold shareholders and have revised our offer to a level where we believe we will have the necessary support to have the proposed Wheaton River Arrangement voted down and obtain sufficient acceptances to our offer to meet the minimum condition of 66-2/3 percent."

At a Wheaton River shareholder meeting held on June 8, more than 79 percent of the shares represented at the meeting voting in favor of its merger with Iamgold.

An additional shareholder vote on the Iamgold deal will take place July 6, in accordance with an Ontario court ruling. Terms call for swapping each of the outstanding shares of Wheaton River in exchange for 0.55 of an Iamgold share.

In the past two months, Coeur d'Alene has made two bids for Wheaton River, both of which have been rejected.

With its new bid, Coeur d'Alene is offering Wheaton River shareholders the option of receiving C$5.47 per common share in cash, up from C$5.00 previously; or 0.796 share of Coeur d'Alene stock for each Wheaton River share tendered.

Carolyn Pritchard is a reporter for CBS.MarketWatch.com in San Francisco.

Heut´abend stimmen die Aktionäre von

IAMGOLD über die merger-Kandidaten ab.

Hab´zwar ein paar davon; aber mich fragt keiner.


[Blockierte Grafik: http://www.staff.city.ac.uk/~cressy/TheLookout1.jpg]


Diese Damen scheinen schon was rausgefunden zu haben!

gogh

Reuters
UPDATE - Iamgold shareholders reject Wheaton deal
Tuesday July 6, 5:03 pm ET
By Rachelle Younglai and Nicole Mordant

(Updates with Iamgold vote, adds quotes)
TORONTO/VANCOUVER, July 6 (Reuters) - Shareholders of Iamgold Corp. (Toronto:IMG (News - Websites) .TO - News; AMEX:IAG - News) rejected on Tuesday a proposed union with fellow Canadian gold miner Wheaton River Minerals Ltd. (Toronto:WRM.TO - News) that had evolved into a tag-team takeover tussle with two U.S. mining firms.

ADVERTISEMENT


The C$2.3 million ($1.7 million) merger deal garnered only 42 percent of the Iamgold shareholder vote -- short of the 50 percent needed -- during a special shareholders meeting in Toronto that was delayed for several hours as the company determined which ballots were eligible.

"I am disappointed, obviously. We're going to look at all opportunities, including Golden Star," said Iamgold chief executive Joseph Conway.

Wheaton River said its shareholders would still vote on the deal later on Tuesday despite the Iamgold decision.

Both firms' boards had backed the merger plan, which was unveiled in March. But an acrimonious takeover battle erupted in late May when Denver's Golden Star Resources Ltd. (Toronto:GSC.TO - News) launched an unexpected bid for Iamgold, and Idaho-based Coeur d'Alene Mines Corp. (NYSE:CDE - News) made an offer for Wheaton.

Iamgold and Wheaton, both mid-sized gold-mining firms, have rejected these unsolicited approaches several times as their suitors sweetened the bids. The takeover action comes at a time of high gold prices and revived interest in the gold sector.

Going into the votes, company management and analysts said the outcome would be very close after a hard-fought contest on the part of all four miners.

Investors were kept on tenterhooks for much of Tuesday as officials double-checked Iamgold voting slips after some 25 million more votes were received than the company thought were eligible to be cast.

An Iamgold spokesman said that the "overvote" came about as some shareholders voted more than once, while others who were not eligible to vote may also have cast ballots.

At current market prices, Iamgold's all-stock offer for Wheaton is equal to C$4.15 a share, 11 percent higher than Wheaton's closing stock price of C$3.75 -- a richer premium than has been seen for some time.

But the Iamgold all-stock bid for Wheaton has fallen behind Coeur's cash and stock offer. Coeur's proposal is currently worth C$4.59 a Wheaton share, about 12 percent richer than the Iamgold offer.

(Additional reporting by Allan Dowd in Vancouver)

($1=$1.33 Canadian)

ja, und für Iamgold Aktionäre in einer guten

Ausgangslage. IAMGOLD arbeitet nachhaltig

mit Gewinn.


Mit COEUR (nachhaltige Verluste) kenn ich mich

nicht aus. Wheaton ist Newcomer, schwer einzuschätzen.


Gruss

gogh

Die Börse in Toronto hat eine Meinung:

IAMGOLD steigt 8 %

Golden Star 5 %


Die kann man verschmelzen.


gogh

Jedenfalls braucht IAMGOLD kein Werbung zu schalten

um bekannter zu werden.

Grundsolide und dividendenfähig ist IMG schon lange.


gogh

TOTRONTO STAR Jul. 7, 2004. 05:19 PM






Iamgold may try for bidding war, says analyst

FROM CANADIAN PRESS

Following the defeat of its plan to merge with a fellow Canadian gold miner, Iamgold Corp. is likely trying to stir up a bidding war to counteract a hostile takeover offer from south of the border, a gold industry analyst said today.
"What I think will happen is that Iamgold is going to try to get other companies involved," said Michael Fowler, an analyst with Desjardins Securities.

"That would force Golden Star to rebid higher."

He named AngloGold and Kinross Gold Corp. of Toronto as examples of other miners that Iamgold may be soliciting after its shareholders voted down a proposed merger with Vancouver's Wheaton River Minerals Ltd.

When asked whether Iamgold was reaching out to other mining companies, Iamgold spokesman Tom Atkins did not give a direct answer.

"Obviously, as everyone has pointed out, we should be looking at a number of options and we are," Atkins said. "But there's no specific discussions."

Golden Star CEO Peter Bradford said from Toronto on Wednesday that he wasn't too worried about other companies making an offer for Iamgold.

"It's never a concern that you would put totally out of your mind but I think that at this late date and given the amount of time that Iamgold has been in play . . . it would be very unlikely."

Golden Star has set July 16 as the deadline for Iamgold shareholders to tender to Golden Star's stock and cash bid, valued at $1.2 billion at Wednesday's share price.

However, Fowler said Iamgold might get a reprieve if Golden Star extends its deadline.

Fowler added that was a likely scenario because he didn't believe Golden Star, a TSX-listed company with assets in West Africa and operational headquarters in Denver, would receive the required 66 and two-thirds of tendered Iamgold shares by next Friday.

"If I was a shareholder, quite frankly, I would probably just hang around and see what happens," Fowler said.

"I wouldn't be rushing to tender to the Golden Star bid."

Bradford admitted the July 16 date is not carved in stone but said he'd prefer to meet that target.

"As we were prior to the meeting, we're now quietly confident about the level of tendering that we'll get in the next nine days," Bradford said.

He also said shareholders shouldn't expect Golden Star to boost its bid again.

"We've made what we believe is a full and fair offer and in increasing our bid last week we moved to the top end of our value range," Bradford said.

Analyst Victor Flores, with HSBC in New York, said Golden Star probably has room to sweeten its already improved offer, while Canaccord Capital's Steve Butler characterized the Golden Star offer as "pretty full" and something that "Iamgold shareholders should endorse."

Atkins said he didn't know whether Iamgold's CEO Joe Conway had been in touch with Golden Star chief executive Peter Bradford on Wednesday, but he reiterated that his company considered Golden Star's offer financially inadequate and a business combination strategically unsound.

Bradford confirmed that Golden Star had asked Iamgold for due diligence access on Wednesday but had not received the go-ahead to take a closer look at its financials.

Iamgold (TSX: IMG) closed up 76 cents, or 10 per cent, at $8.31 on the Toronto stock market. It traded at $9.35 the day the Wheaton-Iamgold merger was proposed in March.

Analysts attributed Wednesday's stock price increase to arbitrage activity and the $10 (U.S.) jump in the price of gold. Flores said expected the share price to settle over the next week.

Golden Star (TSX: GSR) gained 15 cents at $6.65 and Wheaton (TSX:WRM), which did not release the results of its shareholders' vote on the Iamgold merger, was down seven cents at $3.68.

Shareholders of Wheaton (TSX: WRM), which produces gold and copper, are being courted by Idaho-based silver giant Coeur d'Alene Mines Corp. The U.S. company is willing to pay $2.7 billion in cash and shares for Wheaton.

Coeur d'Alene shares (NYSE: CDE) lost 18 cents at $3.98 (U.S.) on the New York stock market.

[Blockierte Grafik: http://devonaoki.free.fr/detail/small.jpg]


(Hab´mir den Vorwurf eines Betroffenen zu Herzen genommen,

mit Bildern kräftiger Frauen Threads lahmzulegen)


Kommt es zur Bietschlacht, rücken alle America-GM´s in

den Focus. Dazu starker Rand und Aus$, das kann

einen Run auf America-GM´s geben



gogh

"7 Brücken mußt du gehen"

Oder

"Palavern wir ausgiebig"


IAMGOLD erhält auf diese Weise kräftig Publicity.

Substanzstark war Iamgold schon lange

Jetzt wird es publik


gogh

Iamgold Says 7 Companies May Consider Rival Bid to Golden Star
=========================================================

July 13 (Bloomberg) --

Iamgold Corp., which has invoked a so- called ``poison pill'' plan to delay a hostile takeover bid by Golden Star Resources Ltd., said as many as seven mining companies had expressed interest in making competing bids.

``They haven't made any offer,'' Iamgold Chief Executive Joseph Conway, 47, said in a phone interview from Toronto. ``They've just expressed their interests and are willing to sign confidentiality agreements.''

Toronto-based Iamgold was forced to scuttle a planned takeover of Wheaton River Minerals Ltd. last week after shareholders voted to reject it. Iamgold shares have risen 14 percent since then, and the company today invoked a ``poison pill'' plan to get more time to consider its options.

Conway declined to identify any of the potential suitors, which he said would likely be companies that share interests in projects with Iamgold or have operations in the same regions. Iamgold's South Africa-based venture partners are AngloGold Ashanti Ltd., the world's second-largest gold producer, and Gold Fields Ltd., the fourth largest.

``Anybody who works in the region or is our partner is a likely candidate,'' Conway said. ``I'm not suggesting Gold Fields or Anglo are part of it. I'm not denying or confirming that they are a part of it.''

Littleton, Colorado-based Golden Star offered to pay 1.25 shares for each Iamgold share, valuing Iamgold at C$8.19 a share or C$1.24 billion ($940 million). This represents a 5.2 percent discount to Iamgold's closing price of C$8.64.

Offer `Inadequate'

Golden Star's offer ``is inadequate, so if they actually want to talk about doing a transaction with us, then do something with the price,'' Conway said.

Golden Star's offer expires on Friday and the company declined to say if its offer will be extended.

``There is a whole range of possibilities and right now we're just trying to figure out which ones we are going to pursue,'' Golden Star spokesman John Lute said.

Shares of Iamgold fell 10 cents, or 1.1 percent, to C$8.64 on the Toronto Stock Exchange. Golden Star fell 7 cents to $4.97 in American Stock Exchange composite trading.

Under the ``poison pill' plan, which expires Aug. 15, Iamgold shareholders have the right to acquire new shares at half the prevailing price if any prospective bidder holds more than 20 percent of the shares.

``When we were under the agreement with Wheaton, we could not solicit or entertain other offers,'' Conway said. ``Once the vote was dealt with, the board had to sit down and decide what's the next step.''

Mining Partners

Iamgold and AngloGold are venture partners in the Sadiola and Yatela gold mines in Mali, West Africa. Both companies also have two gold exploration ventures in Brazil.

Gold Fields operates the Tarkwa and Damang mines in Ghana. Iamgold has an 18.9 percent stake in both mines. Gold Fields and Iamgold also have an exploration venture in Ecuador.

``It's a process now where we have to get information to'' those companies that had expressed interests, Conway said. ``They'll look at our data and then come back to us prior to Aug. 15 and make a proposal.''

To contact the reporter on this story:
Choy Leng Yeong in Chicago clyeong@bloomberg.net

Wollen die Kaffern aquirieren, heißt es jetzt oder lange nicht.

Bei dem starken Rand.

gogh

BUSINESS REPORT vom 23.07.04


Randgold may be in the hunt for Canada's Iamgold
==========================================

By Ben Harding

Johannesburg - Gold producer Randgold Resources said this week that it might consider a tie-up with Canadian gold miner Iamgold, but Gold Fields quashed rumours it was in the hunt.

Iamgold has been at the centre of bid speculation for weeks after its shareholders rejected a merger with Canadian gold miner Wheaton River Minerals. It is now battling to fend off a hostile bid from Gold Star Resources.

"It [Iamgold] is still assessing proposals, opportunities, offers," said Randgold chief executive Mark Bristow.

"That's something we've taken note of and in due course we will be able to share with people whether we have decided to pursue it or not."

Gold Fields, with which Toronto-based Iamgold has a partnership in the Tarkwa and Damang mines of Ghana, said it was not in the market for the mid-sized producer.

"We are not bidding for Iamgold. We have got bigger fish to fry," a Gold Fields spokesperson said.

Mining analysts see Randgold as the most likely African suitor for Iamgold, either through an acquisition or merger, with AngloGold Ashanti and Gold Fields' interest tempered by a hefty premium on Iamgold shares because of the bid activity.

Iamgold has minority interests in two AngloGold Ashanti operations in Mali - the Sadiola mine and the Yatela mine.

In March, Iamgold chief executive Joseph Conway said Randgold was a good fit as a possible merger partner.

Both companies operate in west Africa and Iamgold is keen to shed its non-operator status, which Randgold has.

"We're some 100km south of the Sadiola and Yatela projects [in Mali] where Iamgold is in a joint venture with AngloGold ... so I guess the market might see that as a geographic fit," Bristow said.

Bristow said he had talked with Conway six weeks ago. He said the firm would consider any merger or acquisition that offered value. "We had discussions going back some time, but clearly Iamgold decided to go and pursue Wheaton River."

Randgold, a 300 000 ounce-a-year producer, made a name for itself last year when it set off a David-and-Goliath bidding war against AngloGold, the world's second-largest gold miner, for African producer Ashanti Goldfields, which eventually went to AngloGold.

Randgold closed 34c up at R13.04 yesterday. The gold sector rose 0.01 percent.

Published on the web by Business Report on July 23, 2004.
---------------------------------------------------------------------------

Von meiner Bank habe ich das folgende Übernahmeangebot erhalten:

I. Umtausch im Verhältnis 1 : 0,796 Stück in die Coeur d`Alene Mines Corp..
II. Zahlung von CAD 5,47 pro Aktie, wenn es zu einer Zuteilung kommt, werden Stücke der Coeur d`Alene Mines Corp eingebucht.
III. Zahlung von CAD 5,47 pro Aktie, wenn es zu einer Zuteilung kommt, werden Stücke der noch nicht zu benennenden Tochtergesellschaft eingebucht.

Den Aktionären der Wheaton River wird keine Garantie gegeben, dass sie Barvarianten in der angegebenen Form gezahlt werden. Sollten alle Aktionäre die Barvarianten wählen, schüttet die übernehmende Gesellschaft CAD 1,00 und 0,65 Stück der Coeur d`Alene Mines Corp oder der Tochtergesellschaft aus.

Ohne Weisung werden die Aktien der Wheaton River automatisch in Aktien der Coeur d`Alene Mines Corp im Verhältnis 1 : 0,796 getauscht.

44 % der Wheaton River sollen sich bereits im Besitz der Coeur d`Alene Mines Corp befinden.

Wie ist diese Angebot zu werten und jemand einen Vorschlag, welche Variante ggf. angenommen werden sollte?

Meinen Bestand an Coeur d`Alene Mines Corp. hatte ich erst kürzlich aufgelöst und wollte auch keine mehr!

Hallo,
das ist wirklich nicht leicht. Ich hab auch CDE verkauft, frühzeitig, zu 6,6.
Mit WHT käme ich Anfang Oktober aus der Speku.
Gestern 17.9.: CDE Schlusskurs 3,52$ = ca. 2,9€.
WHT 2,664 = ca. 2,18€.

Wenn man die Barabfindung wählt, wird man wohl leider nur einen geringen Teil od. garnichts bekommen.
Dann kriegt man je nach Wahl unter Option 3 Stammaktien oder
unter Option 4 wandelbare aktien ??? jeweils 0,796 CDE.

Also man könnte die barabfindung wählen und dann je nach Gusto
Option 3 od. 4. Aber was tut man dann mit CDE?
Gleich verkaufen? Aber das werden viele machen. Könnte mir aber auch vorstellen, dass einige Institutionelle den kleinmist abgrasen und der kurs einigermaßen hält.

Oder man macht garnichts, was passiert dann? Dann wird automatisch in Stammaktien umgewandelt.Meine bank hat mir als benachrichtigungsfrist den 23.9. festgesetzt. Im Gegensatz zu stein98 sind da 4 optionen angeführt.

WHT wehrt sich ja gegen den deal und die Börse glaubt auch nicht daran, weil der Unterschied in den kursen schon sehr groß ist.
Was passiert eigentlich mit Silver Wheaton, bleiben sie eigenständig oder werden die Anteile WHT auch übernommen?

Ein mehr Fragen stellender als Antworten gebender und in der Sache überaus unsicherer
Tschonko

Hallo, da sind mir vorher 2 Fehler passiert.

Zu Silver wheaton: wenn der Deal nicht bis 15.10. steht, sind die heraußen aus dem Deal.
In turn, Coeur has agreed that if its offer to acquire Wheaton shares is not successful by October 15, 2004, Wheaton may complete the Silver Wheaton transaction on October 15, 2004 and, in such case, Coeur will not to take any action to further prevent or delay the completion of the transaction.

Aus der WHT Homepage:
http://www.wheatonriver.com/in…=9,mod=cnt,act=cnt,id=137
Das WHT Management lehnt den Deal kategorisch ab und ersucht die Aktionäre das Angebot nicht anzunehmen.
Begründungen siehe Link oben.

Wichtig erscheint mir dabei folgende Passage:

The value of the Coeur offer is not Cdn$5.47 per share. The value of the Coeur offer (based on the Coeur share closing price on September 1, 2004) for Wheaton shareholders who elect the “all share” option is Cdn$3.84 per Wheaton share, Cdn$4.13 per Wheaton share if all Wheaton shareholders elect the “cash and share” option, and Cdn$4.06 per Wheaton share if the “in-the-money” options and warrants are taken into account. The cash portion of the Coeur offer is less than Cdn$5.47 per share and could be significantly less than Cdn$1.00 per share.

Rechnet man die CAN $ 3,84 um: zur Zeit mal 0,77 kommt man auf 3,84$ = 2,41€. Da sind wir nahe am Kurs.
Mir ist das zu wenig.

Grüße Tschonko

Zitat

Original von Tschonko

Zu Silver wheaton: wenn der Deal nicht bis 15.10. steht, sind die heraußen aus dem Deal.

Hallo Tschonko,

das verstehe ich nicht ganz. Kannst Du mir das mal etwas erklären ???

Gruß
Schwabenpfeil

Hallo Schwabenpfeil,
kann ich.
Wenn CDE bis 15.10. die Überneahme nicht schafft, kann WHT Silver Wheaton abspalten und CDE hat keinen Zugriff mehr auf Silver Wheaton.

So übersetze ich zumindest das, was ich in Englisch aus der Homepage kopiert habe. Hier noch einmal:
In turn, Coeur has agreed that if its offer to acquire Wheaton shares is not successful by October 15, 2004, Wheaton may complete the Silver Wheaton transaction on October 15, 2004 and, in such case, Coeur will not to take any action to further prevent or delay the completion of the transaction.

Unklar ist mir: Da WHT einen großen Anteil (ich glaube 70%) an Silver WHT haben wird, würde sich CDE bei Übernahme nach 15.10. wohl auch da zum Zug kommen.

Hast du WHT? Was gedenkst du zu tun?
Grüße Tschonko

Zitat

Original von Tschonko

Wenn CDE bis 15.10. die Überneahme nicht schafft, kann WHT Silver Wheaton abspalten und CDE hat keinen Zugriff mehr auf Silver Wheaton.

Ja, so verstehe ich dass auch. Das bedeutet dann aber CDE ist draussen, nicht etwas Silver Wheaton. Ich denke ich hatte Dein Posting missverstanden ...

Gruß
Schwabenpfeil